Penang
Timur Laut
Gelugor
KAWASAN BUKIT GELUGOR

KAWASAN BUKIT GELUGOR

Area Intelligence

2023

Median Price

RM 500,000

PSF: RM 140

Facebook X (Twitter)

Residential PSF Trends

Median Price

RM 500,000

PSF: RM 140

KAWASAN BUKIT GELUGOR in Timur Laut, Penang recorded 5 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 140.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved detached, with moderate diversity in property types available.

For price per square foot, the median is RM 140, with most transactions between RM 140 and RM 140. The usual range is RM 115.88 to RM 164.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 48.25 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Loading map...

KAWASAN BUKIT GELUGOR, Timur Laut, Penang

OSM